Tech Company Financing Transactions
Proxima Fusion Funding Round
Proxima Fusion closed a $21.5 million Seed financing round on 4/10/2024. Investors included Redalpine Venture, Bayern Kapital and DeepTech & Climate Fonds.
Transaction Overview
Company Name
Announced On
4/10/2024
Transaction Type
Venture Equity
Amount
$21,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further expand the team with engineers and physicists, as well as to match public funding awards.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Ainmillerstrasse 27A, c/o Francesco Sciortino
Munich, 80801
DE
Munich, 80801
DE
Phone
Website
Email Address
Overview
We are a fusion energy startup based in Munich, Germany. We believe that fusion has the potential to provide clean, abundant and safe energy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Francesco Sciortino
Chief Operating Officer
Lucio Milanese
Co-Founder
Martin Kubie
Co-Founder
Jorrit Lion
Co-Founder
Jonathan Schilling
Browse more venture capital transactions:
Prev: 4/10/2024: Spines venture capital transaction
Next: 4/10/2024: Tomo venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs